EXPLOSION IN PHILIPPINES
Sbeteang in the Sunday Times Magazine, a Manila weekly, — | Rodolfo G, Tupas notes that "from 1950 to 1960, foreign capital invested in the Philippines amounted to only 19. 2 million U.S. dollars, For' the saine ‘period, foreign-owned firms, mostly American, remitted in the. form of earnings, profits, and dividends the amazing amount of 215.7;middion U.S. dollars -- or eleven times more than their original investment,"